QXO says holders tender 99%+ of TopBuild notes in deal-linked cash offers

QXO, Inc.
TopBuild Corp.

QXO, Inc.

QXO

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TopBuild Corp.

BLD

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  • QXO is pursuing the acquisition of TopBuild, paired with cash tender offers for TopBuild’s US$ 500 million 4.125% Senior Notes due 2032 and US$ 750 million 5.625% Senior Notes due 2034.
  • Early tenders reached US$ 497.72 million of the 2032 notes (99.54%) and US$ 747.89 million of the 2034 notes (99.72%).
  • Requisite consents were received, enabling amendments that remove the change-of-control offer requirement tied to the acquisition and strip most restrictive covenants.
  • Tender offers run through June 29, 2026; settlement is expected two business days later, timed to substantially coincide with deal completion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QXO Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606120700BIZWIRE_USPR_____20260612_BW380184) on June 12, 2026, and is solely responsible for the information contained therein.

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